Brisk Technovision‘s IPO has garnered a robust response, with the subscription status reaching 47.10 times by the end of day 3. The Brisk Technovision IPO allotments status is set to be finalised today, Jan. 29.
If you applied for the SME IPO, you could use any of the below-listed methods to check the Brisk Technovision IPO allotment status.
Checking IPO Allotment Status on Registrar's Website:
Follow these steps to check the Brisk Technovision IPO allotment status
- Visit the registrar's website.
- Click on "Select IPO" and choose "Brisk Technovision" from the dropdown menu.
- Then you can enter your PAN, application number, or Demat.
- Enter the captcha and click Submit to retrieve Brisk Technovision IPO allotment status
Checking IPO Allotment Status on BSE:
- Go to the BSE website.
- Click on the ‘Equity' section and select "Brisk Technovision" from the dropdown menu.
- Enter your application number or PAN.
- Click on the ‘Search' button.
- The result will show the number of shares allotted to you.
If all the details are entered correctly and the allotment has been finalised, the Brisk Technovision IPO allotment status will be visible.
Brisk Technovision IPO Overview: On the subscription front, the Brisk Technovision IPO Retail investors showed notable enthusiasm, subscribing to their portion 35.87 times, while non-institutional buyers exhibited strong interest, subscribing 58.14 times.
The Brisk Technovision IPO consists of an offer-for-sale (OFS) of 8 lakh equity shares by selling shareholders Sankarnarayanan Ramasubramanian and Ganapati Chittaranjan Kenkare. The OFS aggregates to ₹12.40 crore.
Post-issue, the promoters’ shareholding will decrease to 59.99% from the pre-issue level of 99.99%, indicating a diversification of ownership.
The Grey Market Premium (GMP) for Brisk Technovision IPO has seen a significant uptick, standing at +35. This marks a notable increase from the previous eight sessions, where the GMP was reported at ₹0, indicating shares were trading at the issue price of ₹156 with no premium or discount in the grey market.
Considering the upper end of the IPO price band, the estimated list price for Brisk Technovision shares is indicated at ₹191 apiece. This represents a substantial 22.44% increase over the IPO price of ₹156.
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.